How to do your Metronome Wallet taxes with Koinly
Metronome Wallet is a non-custodial, multi-chain wallet, primarily focused on helping users manage MET tokens. But your transactions might come with a tax bill. Koinly can help, here's how.
Follow these steps to sync your Metronome Wallet data automatically to Koinly:
- Open your Metronome Wallet wallet app
- Copy the public address for every coin that you have on it (even the ones with a zero balance)
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Metronome Wallet in the list
- Select API > Paste the public address/key you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter and Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
FAQs
What is Metronome Wallet?
Metronome Wallet is a secure, user-friendly application that allows users to manage Metronome (MET) tokens alongside over 1,000 other cryptocurrencies, including Ethereum, XRP, Litecoin, and Stellar. Available for both desktop and mobile devices, it offers features such as instant swaps with cashback, the ability to purchase cryptocurrencies using bank cards, and staking options. The wallet ensures user privacy by not requiring registration or KYC procedures and keeps private keys encrypted on the user's device, granting sole control over funds.
Is Metronome Wallet safe?
Metronome Wallet is safe because it gives users full control of their private keys, stored securely on their device. It doesn’t require registration or KYC, protecting privacy. As long as users keep their keys safe and avoid scams, it’s a secure option for managing Metronome and other cryptocurrencies.
Does Metronome Wallet provide tax documents?
No, but you can use a crypto tax calculator like Koinly to do it for you, just add your Metronome Wallet address(es) and Koinly will do the rest.
